--- title: "Oops! Nvidia’s Stock Is Falling Again After Its “Blowout” Earnings Report" description: "After dazzling Wall Street with a \"blowout\" earnings report which saw its stock rise, Nvidia's stock is already declining." date: "2025-11-20" modified: "2025-11-20" authors: - name: "Frank Landymore" job_title: "Contributing Writer" link: "https://futurism.com/authors/flandymore" url: "https://futurism.com/artificial-intelligence/nvidia-stock-falling-again-after-earnings-report" categories: - "Artificial Intelligence" - "Finance" - "Future Society" - "Investing" --- # Oops! Nvidia’s Stock Is Falling Again After Its “Blowout” Earnings Report ![After dazzling Wall Street with a "blowout" earnings report which saw its stock rise, Nvidia's stock is already declining.]() *Illustration by Tag Hartman-Simkins / Futurism. Source: Yui Mok / Pool / AFP via Getty Images* On Wednesday night, Nvidia released its [highly anticipated-slashed-dreaded]() quarterly earnings report — and Wall Street let out a sigh of relief, at least initially. The multitrillion dollar chipmaker at the center of the AI boom reported a ludicrous $57 billion in quarterly revenue, netting it nearly $32 billion in profit. Compared to the same quarter from the year before, it amounted to a 62 percent surge in sales, and a further 65 percent increase in profit. Nvidia's stock [spiked by over four percent]() when trading resumed on Thursday morning. Other tech stocks received a boost, too, as did the S&P 500 overall. The chipmaker's "[blowout]()" quarter calmed fears of an AI bubble bursting on the horizon. If the nearly $5 trillion behemoth responsible for providing the hardware used by AI makers was still seeing its profits balloon, then perhaps the economy collapsing wasn't in the cards just yet, and everyone could feel secure about pouring more money into AI. But the fuzzy feelings didn't last. While headlines were still trickling out today about the stock market's rally in the wake of Nvidia's awesome third quarter, Nvidia's stock did a swift 180, plunged again, and is now down by over 4 percent over the course of the day. And once again, other tech stocks followed. Microsoft shares are now down by 1.6 percent, and Google's by around 1 percent, even though it just released its [hot new Gemini 3 AI model](). Perhaps cooler heads finally prevailed. In reality, the fact that the company which is [selling all the shovels]() for an AI gold rush is doing well doesn't really reflect on the prospects of the companies who are actually mining for all that elusive gold. "The people who are selling the semiconductors to help power AI doesn't alleviate the concerns that some of these hyperscalers are spending way too much money on building the AI infrastructure," Robert Pavlik, senior portfolio manager at Dakota Wealth, [told *Reuters*](). "You have the company that's benefiting it, but the others are still spending too much money." The fizzling stocks also come as the Wall Street analysts lowered their expectations of the Federal Reserve cutting interest rates in December, [*NBC News* noted](), due to a [better than expected September jobs report](). The vicissitudes of the stock market can be cruel. It didn't care, for instance, that Nvidia CEO Jensen Huang had just gloated about Nvidia's earnings. "There's been a lot of talk about an AI bubble," Huang told investors during the earnings call, before stocks started shriveling again. "From our vantage point, we see something very different. As a reminder, Nvidia is unlike any other accelerator. We excel at every phase of AI from pre-training to post-training to inference." **More on AI:** [*OpenAI Is Suddenly in Trouble*]() ## Author At Futurism, my work has often centered on bringing a sense of clarity and insight to complex topics ranging from the regulation of emerging technologies to the esoteric ideologies of Silicon Valley executives, while striving not to lose the poetic sense of awe inspired by often-obscure fields like astrophysics and quantum computing. I broke the story of CNET using AI to produce articles that turned out to be riddled with factual errors and plagiarism — a dam-breaking inflection point, as I've reported, that's inspired copycats and endless discourse while beguiling stakeholders ranging from tech giants to purveyors of spam around the web. My work at Futurism has been cited by publications including CBS News, the Los Angeles Times, Vice, Gizmodo, Engadget, the Verge, and Vanity Fair. I grew up in locales ranging from India to China, and now live in the exotic suburbs of Virginia. In my free time, I'm an avid reader of weird sci-fi literature, an aficionado of East Asian cinema, and, regrettably, a relapsed gamer. Allegedly, I’m working on a debut novel, currently untitled. ### Author social links [Bluesky]()